Opportunity to acquire a fully tenanted, income-generating property with an approved development permit for the southern portion. The northern portion consists of six updated, 3-bedroom, 2-bathroom, two-level townhomes, some with ocean views. Enjoy steady rental income while developing the southern portion, which has approval for a 33-unit, three-story residential building over a concrete parking garage, with many units offering ocean views. The Township is currently reviewing and amending its Official Community Plan. There is potential for rezoning the northern portion to allow for increased density and redevelopment opportunities.
Address
1-6 - 715 Corlett Road
List Price
$5,390,000
Property Type
Residential Income
Type of Dwelling
Other
Structure Type
Multi Family
Area
Sunshine Coast
Sub-Area
Gibsons & Area
Bedrooms
3
Bathrooms
2
Half Bathrooms
1
Floor Area
7,200 Sq. Ft.
Main Floor Area
3600
Lot Size
41595 Sq. Ft.
Lot Size Dimensions
131 x IRR
Lot Size (Acres)
0.95 Ac.
Lot Size Units
Square Feet
Total Building Area
7200
Frontage Length
131
Year Built
1972
MLS® Number
R2934661
Listing Brokerage
Macdonald Realty
Basement Area
None
Postal Code
V0N 1V9
Zoning
RM1&2
Ownership
Freehold Strata
Parking
Open
Parking Places (Total)
6
Tax Amount
$16,241.00
Tax Year
2023
Pets
Yes With Restrictions
Association
Yes
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Baseboard, Electric
Levels
Two
Number Of Floors In Property
2
Number Of Floors In Building
2
Security Features
No Fire Sprinkler System, Smoke Detector(s)
View
Yes
View Type
Ocean view
